blockchain News

Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. …

Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional Liability Underwriting Society (PLUS) Directors …

After spending 15-plus years in and around the insurance industry, Matt Peterman and Tom Volk had first-hand experience of the industry’s systemic problems with fraud and rising premiums. They decided to do something about it, developing what they think will be …

InsurTech startup InsurePal is developing an insurance platform that aims to revolutionize the industry’s model for risk selection and fraud prevention by “social proofing” insurance products. With a pilot for motor insurance due to be launched in the UK within …

Why the Lowdown on Blockchain? Because every week articles appear across the internet explaining blockchain… Because headlines remind us that, all over the globe, consumers and business people do not understand blockchain… Because blockchain is not bitcoin, it’s the other …

Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot cryptocurrency space, expanding opportunities for crime and fraud, cyber security firm Digital Shadows warned in a report on Thursday. “Cyber …

The Institutes’ work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to production and is already in testing …

Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT) from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit. The …

A pair of 23-year old students, Hugo Moreau and Paul Nicolet, came out on top in the final round of an inaugural blockchain competition held in Switzerland. The two Swiss masters students at École Polytechnique Fédérale de Lausanne (EPFL) successfully …

Smart contracts were supposed to revolutionize finance. So far, however, they have proven adept mainly at helping people lose their money. The digital contracts make use of blockchain technology to get around trusted intermediaries like banks. Let’s say you want …